S-8 - Act respecting the Société d’habitation du Québec

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57. (1)  Upon receipt of a petition by a municipality, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting a municipal housing bureau or a regional housing bureau for the purpose of providing mainly residential dwellings to persons or families of low, moderate or modest income or having special housing needs.
The petition shall mention the name of the bureau, the location of its head office, the powers, rights and privileges it shall enjoy, and the rules governing the exercise of its powers, and shall designate its directors and officers; the name of the bureau shall include the terms “bureau” and “housing”.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(3.1)  A bureau so constituted may also
(a)  acquire, construct and renovate residential immovables under a housing program implemented under this Act by the Société or municipality;
(b)  administer any housing program the management of which is entrusted to it by the Société or the municipality;
(c)  administer the residential immovables the provisional administration of which is entrusted to the Minister of Revenue;
(d)  administer the residential immovables belonging to the Société or a non-profit organization the management of which is entrusted to the bureau pursuant to an agreement entered into with the Société or the organization;
(e)  implement any activity of a social or community nature that fosters the well-being of its clientele;
(f)  with the authorization of the Société, enter into an agreement with a housing agency referred to in section 85.1 to provide the housing agency with certain services; and
(g)  with the authorization of the Société, acquire, construct and renovate residential immovables under projects aimed at creating affordable housing, including dwellings intended for persons or families of low, moderate or modest income.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273; 2001, c. 25, s. 173; 2002, c. 2, s. 10; 2005, c. 44, s. 54; 2011, c. 16, s. 215; 2018, c. 8, s. 210; 2019, c. 28, s. 111; 2021, c. 7, s. 99.
57. (1)  Upon receipt of a petition by a municipality or a regional county municipality that has affirmed its jurisdiction with respect to the management of social housing, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting a municipal housing bureau or a regional housing bureau for the purpose of providing mainly residential dwellings to persons or families of low or moderate income.
The petition shall mention the name of the bureau, the location of its head office, the powers, rights and privileges it shall enjoy, and the rules governing the exercise of its powers, and shall designate its directors and officers; the name of the bureau shall include the terms “bureau” and “housing”.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(3.1)  A bureau so constituted may also
(a)  acquire, construct and renovate residential immovables under a housing program implemented under this Act by the Société or municipality;
(b)  administer any housing program the management of which is entrusted to it by the Société or the municipality;
(c)  administer the residential immovables the provisional administration of which is entrusted to the Minister of Revenue;
(d)  administer the residential immovables belonging to the Société or a non-profit organization the management of which is entrusted to the bureau pursuant to an agreement entered into with the Société or the organization;
(e)  implement any activity of a social or community nature that fosters the well-being of its clientele; and
(f)  with the authorization of the Société, enter into an agreement with a housing agency that receives financial assistance granted for the purposes of the operation and maintenance of residential immovables to provide the housing agency with certain services.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273; 2001, c. 25, s. 173; 2002, c. 2, s. 10; 2005, c. 44, s. 54; 2011, c. 16, s. 215; 2018, c. 8, s. 210; 2019, c. 28, s. 111.
57. (1)  Upon receipt of a petition by a municipality or a regional county municipality that has affirmed its jurisdiction with respect to the management of social housing, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting a municipal housing bureau or a regional housing bureau for the purpose of providing mainly residential dwellings to persons or families of low or moderate income.
The petition shall mention the name of the bureau, the location of its head office, the powers, rights and privileges it shall enjoy, and the rules governing the exercise of its powers, and shall designate its directors and officers; the name of the bureau shall include the terms “bureau” and “housing”.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(3.1)  A bureau so constituted may also
(a)  acquire, construct and renovate residential immovables under a housing program implemented under this Act by the Société or municipality;
(b)  administer any housing program the management of which is entrusted to it by the Société or the municipality;
(c)  administer the residential immovables the provisional administration of which is entrusted to the Minister of Revenue;
(d)  administer the residential immovables belonging to the Société or a non-profit organization the management of which is entrusted to the bureau pursuant to an agreement entered into with the Société or the organization;
(e)  implement any activity of a social or community nature that fosters the well-being of its clientele; and
(f)  with the authorization of the Société, enter into an agreement with a housing agency within the meaning of section 85.1 to provide the housing agency with certain services.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273; 2001, c. 25, s. 173; 2002, c. 2, s. 10; 2005, c. 44, s. 54; 2011, c. 16, s. 215; 2018, c. 8, s. 210.
57. (1)  Upon receipt of a petition by a municipality or a regional county municipality that has affirmed its jurisdiction with respect to the management of social housing, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting a municipal housing bureau or a regional housing bureau for the purpose of providing mainly residential dwellings to persons or families of low or moderate income.
The petition shall mention the name of the bureau, the location of its head office, the powers, rights and privileges which it shall enjoy, the rules for the exercise of its powers and the appointment of its directors and officers; the name of the bureau shall indicate, in the case of a petition presented by a local municipality, that it is a municipal housing bureau or, in the case of a petition presented by a regional county municipality, that it is a regional housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(3.1)  A bureau so constituted may also
(a)  acquire, construct and renovate residential immovables under a housing program implemented under this Act by the Société or municipality;
(b)  administer any housing program the management of which is entrusted to it by the Société or the municipality;
(c)  administer the residential immovables the provisional administration of which is entrusted to the Minister of Revenue;
(d)  administer the residential immovables belonging to the Société or a non-profit organization the management of which is entrusted to the bureau pursuant to an agreement entered into with the Société or the organization;
(e)  implement any activity of a social or community nature that fosters the well-being of its clientele; and
(f)  with the authorization of the Société, enter into an agreement with a housing agency within the meaning of section 85.1 to provide the housing agency with certain services.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273; 2001, c. 25, s. 173; 2002, c. 2, s. 10; 2005, c. 44, s. 54; 2011, c. 16, s. 215.
57. (1)  Upon receipt of a petition by a municipality or a regional county municipality that has affirmed its jurisdiction with respect to the management of social housing, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting a municipal housing bureau or a regional housing bureau for the purpose of providing mainly residential dwellings to persons or families of low or moderate income.
The petition shall mention the name of the bureau, the location of its head office, the powers, rights and privileges which it shall enjoy, the rules for the exercise of its powers and the appointment of its directors and officers; the name of the bureau shall indicate, in the case of a petition presented by a local municipality, that it is a municipal housing bureau or, in the case of a petition presented by a regional county municipality, that it is a regional housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(3.1)  A bureau so constituted may also
(a)  acquire, construct and renovate residential immovables under a housing program implemented under this Act by the Société or municipality;
(b)  administer any housing program the management of which is entrusted to it by the Société or the municipality;
(c)  administer the residential immovables the provisional administration of which is entrusted to the Minister of Revenue;
(d)  administer the residential immovables belonging to the Société Immobilière SHQ or a non-profit organization the management of which is entrusted to the bureau pursuant to an agreement entered into with that housing authority or organization; and
(e)   implement any activity of a social or community nature that fosters the well-being of its clientele.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273; 2001, c. 25, s. 173; 2002, c. 2, s. 10; 2005, c. 44, s. 54.
57. (1)  Upon receipt of a petition by a municipality or a regional county municipality that has affirmed its jurisdiction with respect to the management of social housing, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting a municipal housing bureau or a regional housing bureau for the purpose of providing mainly residential dwellings to persons or families of low or moderate income.
The petition shall mention the name of the bureau, the location of its head office, the powers, rights and privileges which it shall enjoy, the rules for the exercise of its powers and the appointment of its directors and officers; the name of the bureau shall indicate, in the case of a petition presented by a local municipality, that it is a municipal housing bureau or, in the case of a petition presented by a regional county municipality, that it is a regional housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(3.1)  A bureau so constituted may also
(a)  acquire, construct and renovate residential immovables under a housing program implemented under this Act by the Société or municipality;
(b)  administer any housing program the management of which is entrusted to it by the Société or the municipality;
(c)  administer the residential immovables the provisional administration of which is entrusted to the Public Curator;
(d)  administer the residential immovables belonging to the Société Immobilière SHQ or a non-profit organization the management of which is entrusted to the bureau pursuant to an agreement entered into with that housing authority or organization; and
(e)   implement any activity of a social or community nature that fosters the well-being of its clientele.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273; 2001, c. 25, s. 173; 2002, c. 2, s. 10.
57. (1)  Upon petition by a municipality, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting any person as an association that is a legal person for the purposes of acquiring, constructing and administering housing for persons or families of low or moderate income and for the administration of housing immovables the provisional administration of which is entrusted to the Public Curator. The petition shall mention the name of the new association, the location of its head office, the powers, rights and privileges which it shall enjoy and the rules for the exercise of its powers and the appointment of its members or sole member and of its directors; the name of every such association shall indicate that it is a municipal housing bureau or a regional housing bureau, according to whether the petition has been filed by a local municipality or a regional county municipality.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273; 2001, c. 25, s. 173.
57. (1)  Upon petition by a municipality, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec constituting any person as an association that is a legal person for the purposes of acquiring, constructing and administering housing for persons or families of low or moderate income. The petition shall mention the name of the new association, the location of its head office, the powers, rights and privileges which it shall enjoy and the rules for the exercise of its powers and the appointment of its members or sole member and of its directors; the name of every such association shall indicate that it is a municipal housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A bureau so constituted shall have, among other powers, those of a legal person constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its constitution; no acquisition, lease or alienation of an immovable and no loan may be transacted unless the bureau has previously been authorized to do so by the Société.
(4)  A bureau so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Société.
(5)  Upon petition by a bureau constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such bureau and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a bureau constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19; 1999, c. 40, s. 273.
57. (1)  Upon petition by a municipality, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec incorporating any person as a non-profit corporation for the purposes of acquiring, constructing and administering housing for persons or families of low or moderate income. The petition shall mention the name of the new corporation, the location of its head office, the powers, rights and privileges which it shall enjoy and the rules for the exercise of its powers and the appointment of its members or sole member and of its directors; the name of every such corporation shall indicate that it is a municipal housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A corporation so constituted shall have, among other powers, those of a corporation constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its incorporation; no acquisition, lease or alienation of an immoveable and no loan may be transacted unless the corporation has previously been authorized to do so by the Corporation.
(4)  A corporation so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent and by the Corporation.
(5)  Upon petition by a corporation constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such corporation and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a corporation constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245; 1987, c. 10, s. 19.
57. (1)  Upon petition by a municipality, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec incorporating any person as a non-profit corporation for the purposes of acquiring, constructing and administering housing for persons or families of low or moderate income. The petition shall mention the name of the new corporation, the location of its head office, the powers, rights and privileges which it shall enjoy and the rules for the exercise of its powers and the appointment of its members or sole member and of its directors; the name of every such corporation shall indicate that it is a municipal housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A corporation so constituted shall have, among other powers, those of a corporation constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its incorporation; no acquisition, lease or alienation of an immoveable and no loan may be transacted unless the corporation has previously been authorized to do so by the Corporation and by the Government.
Notwithstanding the preceding paragraph, a loan for a term not exceeding twelve months requires the sole authorization of the Corporation.
(4)  A corporation so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent, by the Corporation and by the Government.
(5)  Upon petition by a corporation constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such corporation and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a corporation constituted under this section, the Minister may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 63, s. 245.
57. (1)  Upon petition by a municipality, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec incorporating any person as a non-profit corporation for the purposes of acquiring, constructing and administering housing for persons or families of low or moderate income. The petition shall mention the name of the new corporation, the location of its head office, the powers, rights and privileges which it shall enjoy and the rules for the exercise of its powers and the appointment of its members or sole member and of its directors; the name of every such corporation shall indicate that it is a municipal housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A corporation so constituted shall have, among other powers, those of a corporation constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its incorporation; no acquisition, lease or alienation of an immoveable and no loan may be transacted unless the corporation has previously been authorized to do so by the Corporation and by the Government.
Notwithstanding the preceding paragraph, a loan for a term not exceeding twelve months requires the sole authorization of the Corporation.
(4)  A corporation so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent, by the Corporation and by the Government.
(5)  Upon petition by a corporation constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such corporation and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a corporation constituted under this section, the Minister of Financial Institutions and Cooperatives may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11; 1981, c. 9, s. 24.
57. (1)  Upon petition by a municipality, the Lieutenant-Governor may issue, on such conditions as are therein set out, letters patent under the Great Seal of Québec incorporating any person as a non-profit corporation for the purposes of acquiring, constructing and administering housing for persons or families of low or moderate income. The petition shall mention the name of the new corporation, the location of its head office, the powers, rights and privileges which it shall enjoy and the rules for the exercise of its powers and the appointment of its members or sole member and of its directors; the name of every such corporation shall indicate that it is a municipal housing bureau.
(2)  Notice of the issuing of such letters patent shall be published in the Gazette officielle du Québec.
(3)  A corporation so constituted shall have, among other powers, those of a corporation constituted by letters patent under the Great Seal of Québec and shall be an agent of the municipality which applied for its incorporation; no acquisition, lease or alienation of an immoveable and no loan may be transacted unless the corporation has previously been authorized to do so by the Corporation and by the Government.
Notwithstanding the preceding paragraph, a loan for a term not exceeding twelve months requires the sole authorization of the Corporation.
(4)  A corporation so constituted may, by agreement with a municipality other than that of which it is the agent, exercise its powers on behalf of such other municipality; such an agreement shall not be valid unless approved by the municipality of which the bureau is the agent, by the Corporation and by the Government.
(5)  Upon petition by a corporation constituted under this section, the Lieutenant-Governor, by supplementary letters patent, may amend the objects and powers of such corporation and the rules established for the exercise thereof and change its name or the location of its head office in Québec. Notice of such supplementary letters patent shall then be published in the Gazette officielle du Québec.
(6)  Upon the petition of a corporation constituted under this section, the Minister of Consumer Affairs, Cooperatives and Financial Institutions may declare it dissolved on such conditions as he determines and such dissolution shall not take effect until the sixtieth day following the publication of a notice to that effect in the Gazette officielle du Québec.
1966-67, c. 55, s. 55; 1969, c. 26, s. 115; 1974, c. 49, s. 20; 1975, c. 76, s. 11.